Zelensky asked Biden to ratchet up economic pressure on Moscow, increase sanctions
Friday to end normalized trade relations with Russia. But he also requested that Biden seek to close loopholes in the existing sanctions, significantly broaden the list of sanctioned Russian government officials and restrict Russia’s access to international waterways, the people familiar with the matter said.
Zelensky’s request reflects the increasingly difficult challenge facing the White House as it tries to enact severe financial penalties on Russian President Vladimir Putin without causing too much damage to the global economy. “The reality is that the Russian army invading Ukraine right now can operate because of the taxes many [international] companies are paying to the Russian budget, which is paying for the killing spree in Ukraine at the moment,” Sviatoslav Yurash, a member of Ukraine’s parliament, said in an interview.
Ariel Cohen, a senior fellow at the Atlantic Council Eurasia Center and a member of the Council on Foreign Relations, said a ban on Russian ships in certain ports and channels could lead them to “reflag” — to change the registry of the ship to be under another country — though such a move is likely to be “insignificant in the overall picture in Russian economic activity.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Agenda Languishing, Democrats Press Biden to Go It AloneTop Democrats are pleading for President Joe Biden to act alone on some of the party’s core legislative priorities.
Baca lebih lajut »
Oil, sanctions, jets: How Congress pushes Biden on UkraineAt first, the White House resisted calls from Congress to ban Russian oil imports to the U.S. And then, it did just that.
Baca lebih lajut »
The Story Behind the Joe Biden Sticker That Has Colonized America’s Gas Pumps—and Thrilled ConservativesIf you see one of these on a gas pump, this is where they came from.
Baca lebih lajut »
Biden Announces U.S. Will Move to Revoke Russia's 'Most Favored Nation' Trade StatusPres. Joe Biden on Friday announced that the U.S., European Union and G7 countries are moving to revoke Russia's 'most favored nation' trade status over its invasion of Ukraine.
Baca lebih lajut »
Biden addresses House Democrats concerned about political landscapePresident Biden warns that without Democratic majorities in Congress, he would be left with only a veto pen, and urges lawmakers to tout achievements.
Baca lebih lajut »
Media fear economy, gas prices have Biden over a barrelRecord inflation plus record high gas prices equals media spin. That’s the equation journalists are using as they cover for the Biden administration’s self-inflicted economic problems.
Baca lebih lajut »